Stocks Under 5 Dollars Based on Algorithmic Trading: Returns up to 23.38% in 1 Month
Stocks Under 5 Dollars
This stock forecast is part of the Stocks Under 5 Dollars Package, as one of I Know First’s algorithmic trading tools. The full package includes daily predictions for a total of 20 Stocks Under 5 Dollars with bullish and bearish signals:
- Top 10 stocks for the long position
- Top 10 stocks for the short position
Package Name: Stocks Under $5
Recommended Positions: Long
Forecast Length: 1 Month (3/18/22 – 4/19/22)
I Know First Average: 3.67%
For this 1 Month forecast the algorithm had successfully predicted 6 out of 10 movements. The top performing prediction from this package was UEC with a return of 23.38%. TTI and CHS saw outstanding returns of 22.35% and 21.08%. The package’s overall average return was 3.67%, providing investors with a 2.52% premium over the S&P 500’s return of 1.15% during the same period.
Uranium Energy Corp. (UEC), engages in the exploration, pre-extraction, extraction, and processing of uranium concentrates on projects located in the United States and the Republic of Paraguay.
Algorithmic traders utilize these daily forecasts by the I Know First market prediction system as a tool to enhance portfolio performance, verify their own analysis and act on market opportunities faster. This forecast was sent to current I Know First subscribers.
How to interpret this diagram
Algorithmic Stock Forecast: The table on the left is a stock forecast produced by I Know First’s algorithm. Each day, subscribers receive forecasts for six different time horizons. Note that the top 10 stocks in the 1-month forecast may be different than those in the 1-year forecast. In the included table, only the relevant stocks have been included. The boxes are arranged according to their respective signal and predictability values (see below for detailed definitions). A green box represents a positive forecast, suggesting a long position, while a red represents a negative forecast, suggesting a short position.
Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.